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Home My WebLink About1145 ~ ~ •1680'75 ~~SJ/ A~~ t~, SECURITY AGi~EEMENT t~o. sow o~ ~r~.~a w.d ~t~+o~w tn a~~t~.~ ; D.~~a ~a~ ~a ~ i~ Buytr9 N c~cy Ft. Piorce~, seae~ ~1t~1'lda. 33450 S`~"'' S11 ~os~ Dis~ributors Inc. ~d'a . 90 Riverside n~re.. x~~~ a C;~y Jackaomrilla~_~ Co~m~? D~ ~ sat- Flnrida_ ~2?A2 Tde above-named Selkr ba~DY ~1h aad tbe above named B~qa Lerebp bu~ on t6e terms and conditiom herdnatta aet forth. tbe toDowio~ ~ ; 4oods: ane (1) Rock-0L? Ultt"a Phoo4graph ~odisl 43T Serial ~3650~9 ! .y /0 7'h~er Aro No Wanr~etks, Exphss Or Impli~d, bcapt As May ~ 6cpnssty Stated In Th~ Abov~ D~sc~ipfbn ~ _ c~n s~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . sl,.~?S.S4- s. ou~ F«s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ 9.OQ 2. cue nown r.rmeac .~~~~00 6. sax rfine rria (swa ot "a~~, M4~ ana -s»~ ~'X~,6~ a~ ~a~-~ ~no~n« ~ ~ rr~ ntu«~c~ ~ 63.3~ (Desu9be trade-in: 8. T'ime Pria Balsnoe (Sum of "6" and "i°) ~~~~$14 ) piyiyk in ~ monWty 3nstalments of ToW Down Payment ~ 7A_A2 eacL~ a~aept the final instal- ~ ' r a • • 3. i'inpaid Cash Ba4nce ( 1 mu~us 2 ~~~~1 ment of ~ be~nn~ ,1~., and on 4. Insuranae ~ (SP~Y tYP~s of aoverag~e aad bmefits• the same date oi euh month thereafter untl paid. • , ~ 9. ~ Ji~G iLRi ~J4W ~l ~Zn ~ «~p~ ~~iV'R~V7 Buyer hts ban quoted botL the above 1~me Sak Pria and the above Cas6 Sale Prioe, and hati datcd to buy the above-dacdbed aoods at the 15me Sale Pria, tbe balanae of whicL~ after deductin6 Buyer's total down paymeat, is a6own above as the TSme Price Balana. Buya s~as to pay to Seller the above Time Pria Balana in instabmwts~ wLic6 are dacn'bed sbove or in s Scbeduk of Payments attac6ed hereto and si~ned Dy Buyer. Buyer also ageas to piy to Sdkr a delinqumcy and cellation cLar6e of 59~e of each ia~talmmt in default for a perlod ot mere than 1S dsys, or the highat amount pecmitted by app~Cabk 4w, wLirhever is 1a~. and interat after matudty at t6e highest Iswful rate: Pmvided, Lo~vever~ that Buyer sbaII not pay sny sum m eicas ot tLst ~vWch it permitted by applicabk law. All paYments 6era~nder shaII be pzyable at t6e ofP~oe of Cvutin~tal Illiaois Nstuonal Bank aad ltuat Company of (~icasq 231 South LsSalle Stmt. CLk~Bu. Illinois 60690. Buyer agrea that Sdkr b not wch Baak's a~mt for any puipose. ; 1. To aecvre tLe p~yment and pedormana of Buyer's oWi6atiom 6ereunder~ ScIIer reserves a saurity interat in the above-desadbed soods ! and ali aaessoria, Pa*ts and W~ipment now or Lereafter dCaed tber~eto or used in wnnedion theie~ith (beranafter colkctively dkd tbe "Goods"). ' The xnuicy interat, ind, if not prohibited by spplicabk law~ titk to tbe Goods, sLaD remain in Seller nnW Buyer's obligatiom Lereunda are f~11y ~ paid aad pedormed, and Sdkr maY a~n tLb Agrammt or rentw or eztend (for any period, whether or not bnger tLan the oriEinal period) tLe time(a) for paymeot and paformaoa 6eeeundet ariWout t~le pasei~ to Btryer or t6e secnrity ~nte+rst bdn6 rdeaaed. ~ ~ 2. Until Default (as defIoed herem), Buytr may hsve paaenrion of the Goods and use tbe aame in any lawfnl maaner not incoad~tent with thi~ ~ ~ Agrameat or w+ith anY pc1i~.7? of iawraaa on anr of the Gooda ~ 3. Buya war~anta and agees tbat: R w~l ~eep tLe Goods ia first-dass order and repair, ~oeptin8 snY 1oss, damaae or desWdlon fbat is fuUy i ~ cavered bq pmceeds of inw~anae; it will pcomptly paY all tues„ fea and u~menks upon this aak or Agreement or upon the Goods or for their use ; or operatton; it w~l st all times kap the Goods frae of aII liem aud ciaims ~vvhatsoever, oWer than Selkr's interest beceunder; iR w~ not adl. transta. r~ kase or otheivvise di~pose of any of tbe Goods or any interest tLerein. witLont Seller's writtrn coasmt; it wID l~eep the Goods at tbe folloWioa addre~: € ~ and ~1 not remove the Goods fmm said address ~vithout SeIIdr's vvrktea coment; it w~t immediatdy notify SeDer in tin~ of aay chan~e in any ~ address fnrnsshed br Buyer to Sdkr; SeUa may impat tLe Goods, wherever located. at any reawnabk time or times; ~ C~oods shall iemain pet- ; ~ ~n~1 P~P~rtY notwithstaadi~ t6e manna of Weir sttachmeat, If a~?, to realtp, shall'not beoome put of tbe reslty or fraLold; no fmanciu~ ~tatemmt covertng any of t6e Goods is on Sle in a~? pnbBc oi8oe aad Buyer ~vID tmm •timc to time ezeeute wch finaneing statean~ts aad ot6er ~ docummts (and paY We caet of f'lioa or rcoordin6 t6e ssme) aad do such otber acts and things, all as nuy be required by applinble 4w. or as SeIler maY t'e4uat. to dtabUs6 and maintsin a valid aea~eity intaat in the Goods (fra of all other lia~s and cisims w6ataoever). ~ i. Tbe ooaurwoe of any of the foIIow~ evsab sLaD aonstitnte a Defidt (as wcb term is used herein) :(s) non-paymmt, wnea due, of a~r amount payable by Baya hereunda or f~Wnre to perform aay a~eemcnt of Buyer contained berein; (b) any ststement, representation or wuranty of ~ Bu}a Lerein or in any other writin6 at aay time furnishe~ by Buya In oonneetion ~vith t6e tiansaction tvWenad by Wts Agreemeat is nntrne in any material respect u of the d~te m~cle; (e) Buyer beooma ~olvmt oc unabk to pay debts as they m~ture or maka an ssaig~ment for We bcr.efit of crediwrs~ or aay proaeding is instituted by or sgaiost Buyer aDegiag tbat Buyer b msolvent or nnabk to pay debts as Wey mature; (d) ~try of anr judg~uent against Buyer; (e) desth of Buyu, if Buya is s natnral perwn. or of any partnet of B~rya~ !f Buyer $ s partnership; dissotution, merger : or consolldztion, or transfer of a wbstantial part of tbe property of Bnqra, if Buyer b s corpontion or s pa~tnership; or (6) Selkr fah inxare for any i other reasoa whatwrver. Whenever a Default shall be e~ating, all indebtednas of Buyer Lneunder msy, at t6e option of SeDer, and ~vithont demand or ~ notia of aay kin~d, be declared, snd tLereupon Immediatdp ~hsD bcoome. due and PaYabk. aad SeIIer may aerdse fmm time W time aqy rtshb and ~ rcmedia ava~7abk to it w~der applinbk 4w. Buya aarea, in cue of Default, ta asscmbk, at ib expense. all tbe Goods at a oonveaieat plue scoeptable to Seller and to paY aD aosis of SeIla of coDection of Buya's indebtednes and enioroement of riahb hereunder. indudius reasonabk attoroeys' fas and tegal espeam, if not pro6i'bited by applinbk law~ and apeaxs of any repairs to any ratty or otLer property to wLich any of We Goods may be affiud or be ap~ If any notification of Sdkr's intmded dispoation of any of tLe Goods is required by 4w, auch notilkatlon, if maikd, s6all be ; dcemed rasonautY a~ P~P~Y ~ven if ma~7ed at Iwt frn days before such dt~osition. My prooeects of any disposition of any of tbe Goods may 5 ~ be appliai by Sdkr to t6e paymeat of e:peasa in aonnection with t6e Goods, induding reasonabk sttorneya' fas and k~al apeaxs~ if not pro- . ~ - 6ibited by appiinbie law, aod aay balaace of sncb pmoeals shall be applied bq SeDec toward t6e payment of $nya's indebtednas Laeunder. ~ S. THIS AGREEINEM INCWDES THE "ADDRIONAL rItOVISIONS` ON THE ~EVERSE SIDE H9tEOF, WHKH PROVISIONS AltE HEREBY INCORPORAT~ HBtEIN 8Y R~ERENCE p~ L O l l u s l C C o • ~ ~ ~~a; E R O S S D i S T R I B U T O R I N C. s~ l e ~ ( s~) ~ c ~ ~ ~ ~ ^ ~ f B~ ot - By :f~- Buye~ tDebtor) ' ( Ti~u• ~ r~ ~ - ~ ~-oo-~is - : ~ ORIGINAL ' ti-% ; ' ~ . ` ' ~ ~ t- , r i~, ~ ~TA~SP TA` ! , yt~r~ ~r,. - ~~^~s . ~ ~ - J'~919'69 =r::~ 2 ~ + v = ~a~1- ~o~~~~'~ ~cE1~.~1 ~ ~^:.,,T~oL<<a~~ ~ = ~ , , 3 3 P 3. ~y , _ ~ _ . - - ~ ° _ . .